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It continues to be every cannabis lover’s dream: get paid to smoke weed. And with legal and medicinal markets continuing to open in many states across the US, that dream could come true. But receiving a check cut in your name just for puffing on Mary Jane still requires some research, creativity and work.The first thing to note about the report is the good news. One of the major and legitimate fears of those who have opposed legalization is that teen use would increase. Weed is genuinely harmful to the developing adolescent brain and those of us who passionately advocated legalization argued that making it legal would actually make it harder for teens to get hold of on the black market, and thereby could actually reduce teen use. And so far, happily, we’ve been proven right.

 

Davenport has watched the legal weed market from its inception, starting with his work as a consultant to regulators in Washington state in 2013 when they were writing the rules that would govern the country’s second legal weed market,1 which allowed for both growing pot and licensing businesses to sell the product the following year.

There wasn’t a lot of data on how the market for cannabis worked back in 2013, and the regulators in Colorado and Washington were trying to write rules for a product that had never been sold on any regulated market. Questions about the market dynamics behind selling pot were in some ways unanswerable, the telltale information buried deep in the ledgers of black market dealers.

California and Massachusetts are starting their own legal markets in 2018, and prices will decline even further if the federal government ends its prohibition, according to Caulkins

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